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Nov 29, 2012
11/12
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FBC
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>> barack obama will be pro-business in his own way. he wants to succeed regulating in a way that protects the biggest businesses in some industries and also making sure that people don't make profits in ways that he doesn't want to succeed. you will see a lot more of a great energy stuff that you saw in the stimulus bill and that he tried to push for guinness climate change bill and just generally see a lot of the guys to hire the best lobbyists to get dead because they get the big government favors that happens when government involves itself more and more in private industry. gerri: i find that nobody is more relentless in pursuing taxpayer dollars that they have access to then the company's stock capitalists. they put their entire business model around this idea of getting the free money. there are relentless in their pursuit. you have been studying this for a long time. >> the problem is that in a free-market economy when people try to pursue profit what they're trying to do is produce something that people actually want to buy. on
>> barack obama will be pro-business in his own way. he wants to succeed regulating in a way that protects the biggest businesses in some industries and also making sure that people don't make profits in ways that he doesn't want to succeed. you will see a lot more of a great energy stuff that you saw in the stimulus bill and that he tried to push for guinness climate change bill and just generally see a lot of the guys to hire the best lobbyists to get dead because they get the big...
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Dec 5, 2012
12/12
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CNBC
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we have mohammed alaryn, the ceos of zulu, you have barack obama, the president of the world bank. it's an incredible people. becky quick is one of them that's on there. just writing content that's really important for people in business around the world. >> obviously this must translate at some point into a user, keeping the user, either engaged longer or bringing them in. i mean, how does that work? because it's got to connect. i applaud putting the right content in front of the right people but at the same time it's a business, right? >> right. >> how does that work? if you're coming in, sharing it with your boss, sending it to someone you want to deal with, this is a conversation starter. it's great for linked-in, great for the business world in general to have this comment. get insight from people, 187 million people. they're never going to connect with richard branson in real life. they can read what richard branson's top tips are for starting a business and they can think about how they're going to start their own business and they got that from linked-in. >> my question is
we have mohammed alaryn, the ceos of zulu, you have barack obama, the president of the world bank. it's an incredible people. becky quick is one of them that's on there. just writing content that's really important for people in business around the world. >> obviously this must translate at some point into a user, keeping the user, either engaged longer or bringing them in. i mean, how does that work? because it's got to connect. i applaud putting the right content in front of the right...
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Nov 29, 2012
11/12
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KPIX
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showed "a lack of business integrity." tomorrow, president obama will send his top negotiators to meet tith congressional leaders. they have only weeks now to head off a big tax increase for most americans. the income tax rates will jump automatically january 1. it will be such a shock to the system that it has been called the fiscal cliff. our coverage starts on the white house lawn tonight with major garrett. major. >> reporter: scott, the saesident said for the first time, there is a two-step process to averting the fiscal cliff. republicans must act now to prevent a tax increase for households earning less than $250,000. do that now, president obama said, and he and congress can work out the details of spending cuts later. ( applause ) before a crowd of supporters, the white house invited from the mid-atlantic region, president obama put congressional republicans on notice. >> it's too important for washington to screw this up. now is the time for us to work on what we all agreed to, which is lets keep middle class tax
showed "a lack of business integrity." tomorrow, president obama will send his top negotiators to meet tith congressional leaders. they have only weeks now to head off a big tax increase for most americans. the income tax rates will jump automatically january 1. it will be such a shock to the system that it has been called the fiscal cliff. our coverage starts on the white house lawn tonight with major garrett. major. >> reporter: scott, the saesident said for the first time,...
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president obama spent his afternoon in northern virginia again pushing his case for raising taxes on families earning more than $250,000 a year. >> i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> so i think it's safe to say at this point that the president actually isn't interested in a balanced agreement, he's not particularly interested in avoiding the fiscal cliff, and he's clearly not interested at all in cutting any spending. >> reporter: while democrats and republicans debate the size and specifics on tax increases, the two sides also remain apart on spending cuts, reforming entitlement programs like medicare and on the president's request to have greater power to raise the country's debt limit. but the news coming out of this one, "wall street journal" headlines saying that staff members from the president's team and from speaker boehner's team are genre assuming talks. we con
president obama spent his afternoon in northern virginia again pushing his case for raising taxes on families earning more than $250,000 a year. >> i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> so i think it's safe to say at this point that the president actually isn't interested...
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Nov 29, 2012
11/12
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he obviously made it very clear that he didn't think that president obama knew anything about business or the economy. he was the expert. so why not help out? >> i wouldn't make him treasury secretary. you wouldn't want to have that tax plan put into effect. >> he could be in charge of building new business or something. >> look, it's -- this is a moment when american democracy functions. it's rare, as i said before, that presidents do this or that the winning candidate does this. there is the iconic picture of kennedy and nixon in 1960 when nixon went to visit the preelect. more common is what happened with franklin roosevelt who is sitting in the car with herbert hoover. he is glowering. he won't speak to roosevelt. roosevelt points up at the steel on the commerce department building and says, isn't that a remarkable superstructure. hoover keeps glowering and roosevelt decides he will wave at the crowds and the crowds are cheering. what we are going to see tomorrow is more civility than you sometimes see after these elections. >> the president has met with ceos, the fraternal order t
he obviously made it very clear that he didn't think that president obama knew anything about business or the economy. he was the expert. so why not help out? >> i wouldn't make him treasury secretary. you wouldn't want to have that tax plan put into effect. >> he could be in charge of building new business or something. >> look, it's -- this is a moment when american democracy functions. it's rare, as i said before, that presidents do this or that the winning candidate does...
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Nov 29, 2012
11/12
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if you're running a small business on the margins. these tax increases, these regulatory increases, they do matter in the real world out there. maybe not at coca-cola or comcast or deloitte, but they certainly do on main street. you would agree to that, right, donny? >> based on a half million. there's a huge difference between 250,000 and 500,000. >> donny, and you i agree on that 100%. if i were still in congress, i would say, listen, i will negotiate on anything, but i am not going to raise taxes in this police climate on people making $250,000. you want to talk about $500,000? great. let's talk about it. $250,000 is a nonstarter for small business owners. in my opinion. hey, chuck, thank you so much for being with us. >> reporter: all right, brother. >> we'll see you on "the daily rundown" right after the show. joe, thank you for being with us, and more importantly, thank you for not calling the president of the united states prez, as donny deutsch suggested you should. >> i was going back to the e-mail thing. very casual. >> i go
if you're running a small business on the margins. these tax increases, these regulatory increases, they do matter in the real world out there. maybe not at coca-cola or comcast or deloitte, but they certainly do on main street. you would agree to that, right, donny? >> based on a half million. there's a huge difference between 250,000 and 500,000. >> donny, and you i agree on that 100%. if i were still in congress, i would say, listen, i will negotiate on anything, but i am not...
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Nov 30, 2012
11/12
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with president obama going to pennsylvania today, the house republican whip, kevin mccarthy's office put out a video profiling a small business nearby in pennsylvania that would get hurt by a tax hike. >> i'm jerry gorsky from an engineering company. however good or bad we do is my income. this notion of $250,000 being top 2% or the wealthy people in america ignores the way most small businesses work in america. >> reporter: i mentioned president obama is going out on the trail, if you will in pennsylvania to sell his arguments. one would expect we would hear some sort of response from speaker john boehner after that. jon. jon: what are the democrats saying? i mean about these g.o.p. complaints? what is your response? >> reporter: they are saying republicans if you don't like the president's plan, where is your own plan? they are asking for specifics on revenue in terms of tax revenue. they are also asking for specifics on what republicans want to do to entitlements. house democratic leader nancy pelosi is not talking about more spending cuts. >> the president has been clear and we s
with president obama going to pennsylvania today, the house republican whip, kevin mccarthy's office put out a video profiling a small business nearby in pennsylvania that would get hurt by a tax hike. >> i'm jerry gorsky from an engineering company. however good or bad we do is my income. this notion of $250,000 being top 2% or the wealthy people in america ignores the way most small businesses work in america. >> reporter: i mentioned president obama is going out on the trail, if...
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Dec 3, 2012
12/12
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this is the pursuit of perfection. >> gretchen: when president obama needed a business boost during his reconnection campaign, the former ceo of costco came to his defense, making a prime time speech at the democratic national convention. >> business needs a president who covered the backs of businesses, a president who understands what the private sector needs to succeed. a president who takes the longview and makes the tough decisions. that's why i'm here tonight supporting president obama. >> gretchen: so now he and the rest of the costco board cashing in on that support, having voted to give them selves a special dividend to avoid the president's looming tax increase. so is this what the president means by tax fairness? the host of varney and company, stuart varney, is here. i'm so glad you're going to explain this because it is relatively complicated. what did they do? >> first of all, let me explain tax hypocrisy. here is how it works, the board of costco, which is headed by that gentleman, they vote themselves a special $7 per share dividend. he and his wife own 2 million shares
this is the pursuit of perfection. >> gretchen: when president obama needed a business boost during his reconnection campaign, the former ceo of costco came to his defense, making a prime time speech at the democratic national convention. >> business needs a president who covered the backs of businesses, a president who understands what the private sector needs to succeed. a president who takes the longview and makes the tough decisions. that's why i'm here tonight supporting...
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Dec 1, 2012
12/12
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president obama has said he wants to get a deal done by christmas day. >>> well, tragedy on the campus of caspar college in wyoming where police say a man using what they're calling just a sharp edged weapon carried out a fatal attack. the man injured one person. that person was killed and then he went into a classroom and killed another person and then killed himself. the victims have not been identified, but police say all three, two men and one woman knew each other and they add that the attacker appeared to have worked alone. >>> we've got much more ahead this hour. >> here's a look at what's coming up. >> storming capitol hill naked. no, it wasn't a frat prank, it was a statement for aids awareness. and you won't believe whose office they took over. >> i think that what we can conclude is that we've got to be better. >>> an extreme makeover. that's what some republicans say the party needs after losing the presidency and seats in congress. all morning we'll look at how the grand old party might be looking for a bold new image. humiliating tasks and degrading exercises, all part of
president obama has said he wants to get a deal done by christmas day. >>> well, tragedy on the campus of caspar college in wyoming where police say a man using what they're calling just a sharp edged weapon carried out a fatal attack. the man injured one person. that person was killed and then he went into a classroom and killed another person and then killed himself. the victims have not been identified, but police say all three, two men and one woman knew each other and they add...
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Nov 30, 2012
11/12
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the wife of costco co-founder jeff brattman is an obama bundler. the co-founder is a longtime democratic donor who defended president obama's economic record at the democratic national convention. but his business model has always been on the side of the worker, unlike walmart and sam's club with its history of union busting, low wages and benefits. sinigal says treating employees well is good business. costco pays itself workers more, too. costco cfo, richard galanti told "the ed show" employees get $20.50 an hour on average, that's about 40 grand a year. health benefits are offered to full and part-time employees with workers paying only about 10% of their premiums out of pocket. let's turn to steve greenhouse, labor and workplace reporter for "the new york times" and the author of "the big squeeze." great to have you here tonight, mr. greenhouse. what do you make of the symbolism, and i believe it's symbolism that the vice president went to costco today to make a statement about the middle class but also how to treat workers. >> i think it's a t
the wife of costco co-founder jeff brattman is an obama bundler. the co-founder is a longtime democratic donor who defended president obama's economic record at the democratic national convention. but his business model has always been on the side of the worker, unlike walmart and sam's club with its history of union busting, low wages and benefits. sinigal says treating employees well is good business. costco pays itself workers more, too. costco cfo, richard galanti told "the ed...
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Nov 29, 2012
11/12
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CNNW
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but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. paul. [ inaudible question ] meeting with secretary geithner or your phone call with president obama last night. could you tell us something about that phone call? >> well, we had a very nice conversation last night. it was direct. and straight forward. but this assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as part of a down payment to get to a longer-range solution on entitlements and tax reform? >> there are a lot of options on the table, including that one. >> mr. speaker, before the election, you were asked whether if it obama won taxes would have to go up. and you sounded like you opposed that. now you're acknowledging that they will. >> the day after the election, i came here and made it clear that republicans would put revenue on the table. as a way to begin to move the process to get this resolved. >> right. so my
but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. paul. [ inaudible question ] meeting with secretary geithner or your phone call with president obama last night. could you tell us something about that phone call? >> well, we had a very nice conversation last night. it was direct. and straight forward. but this assessment i give you today would be a product of both of those...
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Dec 4, 2012
12/12
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. >> let's turn to the editor and chief of business insider which covering all things money. henry, welcome. >> thank you. great to be here. >> let's talk specifics a little bit. obama's plan for the fiscal cliff includes 400 billion or so in unspecified cuts, while the republicans have offered 800 billion in unspecified higher tax revenues. has either side gotten specific enough for you guys? >> they haven't gotten specific enough yet, but they both staked out positions that are imminently compromisable. there's good common ground there. what's preventing that? the republicans saying we'll never raise taxes. the problem is taxes are scheduled to go up. they can't say no to that. they will go up. the only real question for the obstructionists in the republican party is, seriously, you're going to block atax cut? that's what it is. >> i want to play some sound from our friend david gergen on cnn yesterday and get you to comment. >> since this election i think the democrats are the ones who are really trying to rub it in and almost humiliate the republicans, and that's not goin
. >> let's turn to the editor and chief of business insider which covering all things money. henry, welcome. >> thank you. great to be here. >> let's talk specifics a little bit. obama's plan for the fiscal cliff includes 400 billion or so in unspecified cuts, while the republicans have offered 800 billion in unspecified higher tax revenues. has either side gotten specific enough for you guys? >> they haven't gotten specific enough yet, but they both staked out positions...
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business needs a president who covers the backs of businesses, a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. >> yeah. >> and that's why i'm here tonight supporting president obama. stuart: now, isn't that hipocracy? you support a tax the rich president, you're rich, but you don't pay the tax the rich penalties. interesting. and now look at this. joe biden shopping at costco last week. did some holiday shopping, and posts pictures with jim senegal and warren buffett's right hnd man and bill gates' dad on the board, too, and receive early dividends and ay less tabs. several reports say the demand for microsoft's surface tablet is so weak that they cut the orders from the asian manufacturer in half. i own microsoft stock. lauren, where is it now? >> 1% and stuart, i feel bad for you, microsoft was the second worst performer in the dow jones for the month of november and needs all of the gains today. and you know, if you've ever walked past time square, i know it's kind of right by where we work. that sur
business needs a president who covers the backs of businesses, a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. >> yeah. >> and that's why i'm here tonight supporting president obama. stuart: now, isn't that hipocracy? you support a tax the rich president, you're rich, but you don't pay the tax the rich penalties. interesting. and now look at this. joe biden shopping at costco last week. did some...
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Dec 4, 2012
12/12
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time for the your business entrepreneur of the week. lauren wanted to introduce the korean cabbage dish to mainstream america using her former skills as a marketer, she created mother-in-law's kimit chi, nonethic packaging to appeal to a mass market and the product is carried in whole foods and fresh markets. watch "your business" sunday morning at 7:30 on msnbc. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan..
time for the your business entrepreneur of the week. lauren wanted to introduce the korean cabbage dish to mainstream america using her former skills as a marketer, she created mother-in-law's kimit chi, nonethic packaging to appeal to a mass market and the product is carried in whole foods and fresh markets. watch "your business" sunday morning at 7:30 on msnbc. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we...
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Nov 29, 2012
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FOXNEWSW
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. >> president obama has a pattern of inviting political opponents, business leaders to the white house for some sort of confab. what it kals end ends up being is a photo opportunity so he looks like he's extending himself to the opposition, he's bipartisan, and he is neither of those things. bill: would you accept that invite. >> i would accept in a heartbeat. bill: monica is saying nada on this. >> i would be more optimistic on this. we are groping for bi-partisanship. if governor romney has things to share and ways to bridge the fiscal cliff this is all good. bill: we went back to the vault to figure out what they are not going to talk about. we found this first of all, okay. i want you to listen to. roll it. >> i've been in business for 25 years. i have no idea what you're talking about. i had a friend who said you don't just pick the winners and losers, you pick the losers. bill: i've been in business 25 years. i've got no idea what you're talking about. >> actually those points may come up. bill: you think so? >> governor romney has nothing to lose, he's obviously lost the electio
. >> president obama has a pattern of inviting political opponents, business leaders to the white house for some sort of confab. what it kals end ends up being is a photo opportunity so he looks like he's extending himself to the opposition, he's bipartisan, and he is neither of those things. bill: would you accept that invite. >> i would accept in a heartbeat. bill: monica is saying nada on this. >> i would be more optimistic on this. we are groping for bi-partisanship. if...
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Dec 2, 2012
12/12
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people in america ignores the way most small businesses work in america. >> this political fight is over policy, but if you weren't paying attention, you'd swear the presidential election was still going on. while the fiscal cliff battle plays out, campaign politics marches on. >> i want to help create a better united states. >> we're less than a month removed from the 2012 election, but former south dakota governor mike rounds is already looking ahead to 2014, announcing a bid for the sfath. >> i'll be out visiting in a lot of communities around south dakota. >> and he was the second republican to do that this past week. joining congresswoman shelly moore of west virginia. while 2014 is a long way away, 2013 is just over the horizon. that's when new jersey's chris christie is up for re-election and the tough-talking republican governor's making clear he wants another term in office to help his state recover from superstorm sandy. >> i don't want to leave now. we have a job to do. that job won't be finished by next year. >> it may be the holiday season, but it seems there's no holid
people in america ignores the way most small businesses work in america. >> this political fight is over policy, but if you weren't paying attention, you'd swear the presidential election was still going on. while the fiscal cliff battle plays out, campaign politics marches on. >> i want to help create a better united states. >> we're less than a month removed from the 2012 election, but former south dakota governor mike rounds is already looking ahead to 2014, announcing a...
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Dec 3, 2012
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the headline in the baltimore business journal screams obama's fiscal cliff offer spurned by republicans. obama takes hard line on debt. which might be news to some people in the parenthetical. tony is a political correspondent and mark hannah is a former aide to the john kerry and barack obama presidential campaigns. some of the media tries to short form the story and comes up with a headline that can be barbed easily. this is suggested by a cable anchor who suggested the media has been arrogant since barack obama won in covering him and in covering in particular this fiscal cliff. tony, your thoughts. >> it could only be an msnbc anchor to take this long to figure out. there have been some media, the financial times which endorsed the president has called the president's bluff on this plan. they say this is the same proposal he put in front of congress that received zero votes a year ago, not even one democratic vote. but what the media has been doing is buying into this story line that president obama has some sort of mandate to do whatever he wants and that is truly false. obviously
the headline in the baltimore business journal screams obama's fiscal cliff offer spurned by republicans. obama takes hard line on debt. which might be news to some people in the parenthetical. tony is a political correspondent and mark hannah is a former aide to the john kerry and barack obama presidential campaigns. some of the media tries to short form the story and comes up with a headline that can be barbed easily. this is suggested by a cable anchor who suggested the media has been...
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Nov 29, 2012
11/12
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CNBC
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we haven't given business a lot of confidence. we have $1 trillion -- >> antagonistic with business. >> we would call it antagonistic. a lot of listening but not a lot of hearing. i'm supposed to go -- i won't say that. >> you're going to go to the white house. >> maybe. >> why would you go to the white house? you think he's listening? all these photo ops with all these ceos. >> do i have to answer this? >> what are they doing? why go? >> because he's the president of the united states. it is the white house. in the case, you can make an impact, you should do it. >> but that's the question. can you make an impact? >> at the moment, it looks like not. again, i said this recently at another conference. if you're a ceo, you're going to get your constituents in a room and not leave. you're not going to get in a plane, bring people in to antagonize the other side as rerecently did. you're going to sit in a room until you hammer this out. >> is it better to allocate money outside the united states? let me ask how you're allocating capit
we haven't given business a lot of confidence. we have $1 trillion -- >> antagonistic with business. >> we would call it antagonistic. a lot of listening but not a lot of hearing. i'm supposed to go -- i won't say that. >> you're going to go to the white house. >> maybe. >> why would you go to the white house? you think he's listening? all these photo ops with all these ceos. >> do i have to answer this? >> what are they doing? why go? >> because...
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Dec 5, 2012
12/12
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right now president obama is meeting with the washington business roundtable. that's just minutes after speaker boehner met with rank and file gop lawmakers and former speaker pelosi met with house democrats. they are all in each other's corners speaking amongst each other but all eyes are on the fiscal cliff. let's scoot over to the president. easy merging from that meeting with the washington business leaders. let's see what he has to say. >> jim, thanks for your leadership. you know, originally my team had prepared some remarks, they always get nervous when i'm out there on my own, never know what i might say. but given the dialogue that we had the last time, i thought it was useful for me to abbreviate my remarks, speak off the cuff at the top and then most of the time just having a conversation. let me begin by saying all of you in this room are not just business leaders, not just ceos of your companies but you're also economic leaders and thought leaders in this country and i recognize that all of you have an enormous investment not only in your own compa
right now president obama is meeting with the washington business roundtable. that's just minutes after speaker boehner met with rank and file gop lawmakers and former speaker pelosi met with house democrats. they are all in each other's corners speaking amongst each other but all eyes are on the fiscal cliff. let's scoot over to the president. easy merging from that meeting with the washington business leaders. let's see what he has to say. >> jim, thanks for your leadership. you know,...
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Dec 7, 2012
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the state health insurance exchange is a key component to the obama care. it allows millions of middle class households as well as small businesses to shop for private insurance. states must decide by next friday if they want to set up their own exchange. they will -- they were allowed more time to mull over the decision after many republican governors delayed action. perhaps expecting a different outcome to the presidential election. new jersey is just the latest state with a republican governor to opt for the federal government to step in and create the exchange. let's turn to former vermont governor howard dean and former chairman of the dnc and contributor to cnbc. governor dean, good to have you with us tonight. i think you know this whole story well. these republican governors want these exchanges simply to fail, but is it actually in a way better to have the federal government step in and get that infrastructure if we want to expand it down the road someday? how do you see it? >> well, that's the interesting thing. the republicans at this point are c
the state health insurance exchange is a key component to the obama care. it allows millions of middle class households as well as small businesses to shop for private insurance. states must decide by next friday if they want to set up their own exchange. they will -- they were allowed more time to mull over the decision after many republican governors delayed action. perhaps expecting a different outcome to the presidential election. new jersey is just the latest state with a republican...
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we know that business collects information from us when we go to our website our mobile apps. usually it is legal. there is a new law that requires companies to notify you if it is taking information from you. to law is about to be put to the test. i got word in the last 30 seconds and a ruling from the supreme court, a decision from the supreme court, actually, on whether it will hear a same-sex marriage case and the constitutionality of that. the answer is "yes" the court has notified us. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>shepard: there is breaking news on fox news channel, the suprem
we know that business collects information from us when we go to our website our mobile apps. usually it is legal. there is a new law that requires companies to notify you if it is taking information from you. to law is about to be put to the test. i got word in the last 30 seconds and a ruling from the supreme court, a decision from the supreme court, actually, on whether it will hear a same-sex marriage case and the constitutionality of that. the answer is "yes" the court has...
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Dec 2, 2012
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business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current rate of 15% rather than next year's rate of over 40%. and costco is just one of many companies making these one-time cash payouts in a move that will save stocks holders like senegal unless in dividend taxes. and so, mary, turns out maybe taxes do influence investor behavior. what's the meaning of the great cashout of 2012? >> well, don't tax you, don't tax me, tax the guy behind the tree. >> paul: russell long, former late senator. >> exactly. and what you see here are very wealthy people who can, you know, engineer ways to avoid taxes, meanwhile, what he's-- the medicine he's suggesting for people who are starting to do better, people who say, make $200,000, maybe working their whole life. they're the ones who are going to get hit with the obama taxes and really, i mean, you look at that
business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current rate of 15% rather than next year's rate of over 40%. and costco is just one of many companies making these one-time cash payouts in a move that will save stocks holders like senegal unless in dividend...
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Dec 7, 2012
12/12
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if we do what the president wants, which is to raise taxes on the small businesses, we will lose 700,000 jobs. or if we do what republicans want to do, keep tax rates where they are, we lose zero jobs. so your point is go over the cliff and lose $1.8 million, do what the president wants and lose 700,000 jobs or do what the republicans want and lose zero jobs. our goal is trying to get closest to losing no jobs. >> but the problem is you are not get to go the zero jobs promise. you don't have the numbers. that's your problem. you don't have the numbers or the momentum. how are you going to turn that around? >> well, you are right. and to pat's point earlier in your program, look, i wish we controlled the house, the senate and the white house. i wish the republicans had complete control because i think their policies are most conducive to economic growth. but right now what they are trying do is to negotiate in good faith with the president, earnestly putting fourth thoughtful proposals not only on revenue, but on cuts, and trying to get the president 20 move to the center. if we go over t
if we do what the president wants, which is to raise taxes on the small businesses, we will lose 700,000 jobs. or if we do what republicans want to do, keep tax rates where they are, we lose zero jobs. so your point is go over the cliff and lose $1.8 million, do what the president wants and lose 700,000 jobs or do what the republicans want and lose zero jobs. our goal is trying to get closest to losing no jobs. >> but the problem is you are not get to go the zero jobs promise. you don't...
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Nov 29, 2012
11/12
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seeking reconciliation with the president, president obama's meeting with business leaders repairing a troubled relationship known more for conflict than partnership. when the private sector tycoons gather he'll feet as much as pressure to make it right. making aminutes with the president isn't good publicity, it might be a necessity for the bottom line. >> what obama can get and needs from the business community. it's easy to use him as a punching bag, they foolishly lined up behind the wrong guy. they can be a valuable ally in the fiscal cliff push because they're an important component of the republican party. if business leaders come out and recognizing, we've been through the experience of the debt crisis in 2011, business leaders who care about this, have a lot of money on the line, recognize house republicans are willing to go nuts and wreck the economy if you enlist them, you've put additional pressure on republicans to come to the table and agree to a deal that's more along the lines of what democrats and president obama would like to happen. i think there's -- there's somet
seeking reconciliation with the president, president obama's meeting with business leaders repairing a troubled relationship known more for conflict than partnership. when the private sector tycoons gather he'll feet as much as pressure to make it right. making aminutes with the president isn't good publicity, it might be a necessity for the bottom line. >> what obama can get and needs from the business community. it's easy to use him as a punching bag, they foolishly lined up behind the...
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Dec 6, 2012
12/12
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CNBC
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president obama goes before business leaders and says "we could get this done in a week" when it comes to the fiscal cliff. but tim geithner just told cnbc that we're going to go over the cliff unless tax rates go up. at the same time, two dozen republican house members signed a bipartisan letter with democrats defecting from the boehner plan. in the meantime, a nice game for the day for the dow, but a stunning selloff for apple. do you know what? fiscal cliff or not, the s&p 500 is up 12% year to date. that is a handsome gain for investors, an optimistic year, believe it or not. and we already bailed out detroit's auto industry. but now, at least one motown politician is telling president obama he should bail out detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was
president obama goes before business leaders and says "we could get this done in a week" when it comes to the fiscal cliff. but tim geithner just told cnbc that we're going to go over the cliff unless tax rates go up. at the same time, two dozen republican house members signed a bipartisan letter with democrats defecting from the boehner plan. in the meantime, a nice game for the day for the dow, but a stunning selloff for apple. do you know what? fiscal cliff or not, the s&p 500...
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Dec 2, 2012
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here is what president obama needs. he has to make sure the economy grows. he will be a two-term jimmy carter if the economy goes back in recession and we can't pull ourselves out of this thing. >> eric: i heard you laugh, martin on the "two-term jimmy carter" line. >> he doesn't want to be a two-term george w. bush that took us in a steep recession. >> hey, you are the one with the bush tax cut. >> this can be worked out. everybody knows that. you can raise rates a point or two, that is not going to be end of the world. republicans understand that. let's get through with the fear we have had a couple of weeks of theater and let's get down to serious negotiations. i don't think the republicans want to fight to the death to protect tax breaks for the wealthy. that is not the message they want to send. they tried it during the election and they lost on that. >> eric: if i just interrupt, matt mentioned small businesses. let me read you this tough edtory from investors business daily this past week. they call it return of the tax-and-spend democrats in d.c. of
here is what president obama needs. he has to make sure the economy grows. he will be a two-term jimmy carter if the economy goes back in recession and we can't pull ourselves out of this thing. >> eric: i heard you laugh, martin on the "two-term jimmy carter" line. >> he doesn't want to be a two-term george w. bush that took us in a steep recession. >> hey, you are the one with the bush tax cut. >> this can be worked out. everybody knows that. you can raise...
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Dec 7, 2012
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. >>> and president clinton and first lady michelle obama competing for votes for an award. >>> and business news. >> big day. jobs report. we're awaiting for the monthly jobs report in a couple hours. we'll find out what it means for the health of our economy later this morning. you're watching "starting point." the all-new cadillac ats to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest in its class. the cadillac ats outmatches the bmw 3 series. i cannot believe i have ended the day not scraping some red paint off on these barriers. ♪ [ male announcer ] the all-new cadillac ats. to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. [ ding! ] losing your chex mix too easily? time to deploy the boring-popcorn decoy bucket. then no one will want to steal the deliciousness. with a variety of tastes and textures only chex mix is a bag of interesting. with a variety of tastes and textures have led to an increase intands clinical depression. drug and alcohol abuse is up. and thos
. >>> and president clinton and first lady michelle obama competing for votes for an award. >>> and business news. >> big day. jobs report. we're awaiting for the monthly jobs report in a couple hours. we'll find out what it means for the health of our economy later this morning. you're watching "starting point." the all-new cadillac ats to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest in its class. the cadillac ats...
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Nov 30, 2012
11/12
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this debt doesn't exist because we don't tax small businesses enough. it exists because washington continues to spend too much. raising taxes on small businesses instead of taking a balanced approach that also cuts spending, is wrong. it's only going to make it harder for our economy to grow. and if our economy doesn't grow, americans don't get new jobs. and the debt problem that we have will continue to threaten our children's future. as i said the day after the election, republicans are not seeking to impose our will on the president. we're seeking a bipartisan solution that can pass both chambers of congress and be signed into law by the president in the coming days. now during a campaign, the president pledged to the american people he would seek a balanced approach to addressing the debt, the combination of new revenues and spending cuts. so the day after the election, i said to the republican majority would accept new revenues as part of a balanced approach that includes real spending cuts and reforms. now, the white house took three weeks to resp
this debt doesn't exist because we don't tax small businesses enough. it exists because washington continues to spend too much. raising taxes on small businesses instead of taking a balanced approach that also cuts spending, is wrong. it's only going to make it harder for our economy to grow. and if our economy doesn't grow, americans don't get new jobs. and the debt problem that we have will continue to threaten our children's future. as i said the day after the election, republicans are not...
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Nov 30, 2012
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going over the fiscal cliff is serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> the white house says they are willing to do tough things to compromise, so now it's time for republicans in washington to ask the wealthiest americans to pay higher tax rates. >> asking for a political price be paid in order for congress to do its job to insure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible. it was deeply irresponsible in the summer of 2011 and it would be deeply irresponsible if we were to see that kind of approach taken again. >> today the president is going to take his case to the people of pennsylvania during a visit to hatfield and a road on group. it's the sole manufacturer of knex, which makes angry birds building sets. back to you. >> steve: all right. thank you very much. >> brian: it's unbelievable. the "washington post" says the offer lacks any concessions to republicans. in the "wall street journal," the most fritteddenning as
going over the fiscal cliff is serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> the white house says they are willing to do tough things to compromise, so now it's time for republicans in washington to ask the wealthiest americans to pay higher tax rates. >> asking for a political price be paid in order for congress to do its job to insure that the united states of america pays its bills and does not default...
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Nov 29, 2012
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here is president obama yesterday and you heard from charles krauthammer. >> familis and small businesses can enjoy peace of mind heading in christmas and heading in the new year and it would give us more time than next year to work together on a comprehensive plan to bring down our deficits and stream line tax. including asking the wealthiest americans to pay more for education and train science and research. >> any republican who buys this is a fool. republicans have stood for one thing statistically that held them. they are the low tax party. the other guys want to tax to match their reckless spending. if they give it up now in return for nothing, obama wins and high wins big. i understand why the democrats are doing this. they imagine that republicans have no bargaining power today . i say that it is true if republicans resist they will take the blame and that will help democrats in the congress. but obama's never running again. he doesn't care who gets the blame. he is the president and a blame duck. he wants a successful second term. if it starts by going over the cliff it starts wi
here is president obama yesterday and you heard from charles krauthammer. >> familis and small businesses can enjoy peace of mind heading in christmas and heading in the new year and it would give us more time than next year to work together on a comprehensive plan to bring down our deficits and stream line tax. including asking the wealthiest americans to pay more for education and train science and research. >> any republican who buys this is a fool. republicans have stood for one...
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Dec 5, 2012
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the obama administration says, no. the sessions are a sham. they last less than a minute. the congress or the senate when it decided to do this passed an order saying that no business would be conducted during these pro forma sessions. what are more do you need? the senate says we'll decide whether we're in recess or not and we say we're not, and not only that in the early part of the recess from december of last year to january of this year, the senate actually passed an extension to the payroll tax cut. so is the senate in recess or not? and this is it either going to go to the supreme court, chuck, or the courts are going to say, you know what, we can't -- this is a dispute between the political branches. you guys work it out. i don't think it's 100% clear whether the courts will decide they can decide this question. >> that seems odd. i want to throw up a graphic. obama has actually done fewer, 32. he had fewer opportunities. bush 43 did 99. clinton 95 of them. isn't this destined for the supreme court? if you have the legislative branch and the executive branch disagr
the obama administration says, no. the sessions are a sham. they last less than a minute. the congress or the senate when it decided to do this passed an order saying that no business would be conducted during these pro forma sessions. what are more do you need? the senate says we'll decide whether we're in recess or not and we say we're not, and not only that in the early part of the recess from december of last year to january of this year, the senate actually passed an extension to the...
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Dec 4, 2012
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business owners aren't using those record profits to pay their workers. profits hit an all-time high, but workers wages have simply bottomed out. in fact, wages have hit an all-time low. let's take a look at this. it seems to be some kind of income fairness in this country. until about 2000. wages have gone from here down to there in 12 years. have you heard the term "off the charts"? here we go. corporate profits, then the recession hit. but back at it. there's a pretty huge separation between corporate profits and wages. one line is going off the charts and the other one is going down. but there's good news. even though wages are lower, consumers are basically driving the economy. consumer confidence reached its highest point since february of 2008. in a new report, it shows the automobile industry continues to roar back. almost every auto maker is reporting big sales gains. dodge is up for the 32nd month in a row. chrysler sales up 14% over last year. the hyundai plant in alabama is running at full capacity and can't keep pace with demand. there's no q
business owners aren't using those record profits to pay their workers. profits hit an all-time high, but workers wages have simply bottomed out. in fact, wages have hit an all-time low. let's take a look at this. it seems to be some kind of income fairness in this country. until about 2000. wages have gone from here down to there in 12 years. have you heard the term "off the charts"? here we go. corporate profits, then the recession hit. but back at it. there's a pretty huge...
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Dec 6, 2012
12/12
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yesterday at a business roundtable of ceos, president obama took a hard line, warning his opponents not to consider this strategy. >> if congress in any way suggests that they're going to tie negotiations to dell creting votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game. >> well, i wonder, the president's saying, steve, that, you know what, we can raise rates now and maybe lower them later next year so republicans are now saying we can raise rates now. maybe we'll lower them later and we'll talk about it during the debt ceiling. now he's saying no, we're not going to talk about it then either. when would we have this debate when we were renaming post offices in july? can you clarify something for people that are watching? republicans are talking about raising taxes on the rich. and john boehner said that yesterday. we're talking about raising taxes on the rich. we're just not talking about raising the top marginal rate, right? i mean, both sides a
yesterday at a business roundtable of ceos, president obama took a hard line, warning his opponents not to consider this strategy. >> if congress in any way suggests that they're going to tie negotiations to dell creting votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game. >> well, i wonder, the president's saying, steve, that, you know what, we...
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Nov 29, 2012
11/12
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obama's lead with t negotiator, will have meetings e bowlesth top congressional thisrs. othpson bowles met with all the ue.yers at both ends of 'mnnsylvania avenue. >> i'm not more optimistic or less optimistic. puthopeful but don't put me e nearnywhere near the optimistic category. tove got a long way to go and a likefew days to get it done. >> lindsey graham from south carolina have offered to break a revenueax increase pledge and ntise revenue as part of a deal but graham now is pulling back until the president offers ntitlement reform. a i've not seen one deal from country downouse that deal with medicare, medicaid and social security which are all going to fail and take this country down the road of grief. and until i hear something from the white house on that, i'm not going to say another thing on revenue. >> mr. obama will meet with his v vanquished republican rival, mitt romney. it's been several weeks, after all, since the election night when president obama vowed to ph.t with mitt romney. ga major garret, thank you. john dickerson is with us. at , good morning
obama's lead with t negotiator, will have meetings e bowlesth top congressional thisrs. othpson bowles met with all the ue.yers at both ends of 'mnnsylvania avenue. >> i'm not more optimistic or less optimistic. puthopeful but don't put me e nearnywhere near the optimistic category. tove got a long way to go and a likefew days to get it done. >> lindsey graham from south carolina have offered to break a revenueax increase pledge and ntise revenue as part of a deal but graham now is...
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Dec 5, 2012
12/12
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KTVU
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president obama continues to focus on the looming fiscal cliff. first the president will speak to and answer questions from members of the business round table an association of chief executive officers of leading u.s. companies. later in the day president obama will address a conference of native american tribal leaders. both groom groups say they are concerned about automatic tax increases and spending cuts that will kick in come january 1st if congress doesn't act. both republicans and democrats say -- with the wars in iraq and afghanistan ending, there is support for cutting back on military spending. but many lawmakers want to avoid the automatic across the board cuts and defense budget that will kick in january 1st if congress doesn't act. they would prefer to make strategic cuts. >>> nudist are planning a city against san francisco. against-- planning a protest against city hall. they had to cover half a dozen nudist. the board voted 6-5 for final approval of a ban on public nudity. >> there is no evidence anywhere in science or any kind of
president obama continues to focus on the looming fiscal cliff. first the president will speak to and answer questions from members of the business round table an association of chief executive officers of leading u.s. companies. later in the day president obama will address a conference of native american tribal leaders. both groom groups say they are concerned about automatic tax increases and spending cuts that will kick in come january 1st if congress doesn't act. both republicans and...
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Dec 4, 2012
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that is where i believe president obama is exactly correct. now, i would also say that the upper-income people, their businesses will be better if the sacrifice is first at the upper level and not by taking away social security or medicare benefits that reduced demand in this society for other goods and services. there is an economic argument that i think is beginning to see more of, which is essentially what the caller did. a healthy middle class with consumer demand from a healthy middle-class is what is needed for a healthier economy and therefore it benefits all. host: writing in "the san francisco chronicle." guest: i would agree. i would agree only in small parts. first, the people on the amt that are left there never got the rate cuts in the first place. to say that they are at an advantage because they will not bear the price of the rate cut going away ignores the fact that they never got a rate cut in the first place because they were paying the higher of the two rates. the margins here are small. even when i paid the amt, my reality
that is where i believe president obama is exactly correct. now, i would also say that the upper-income people, their businesses will be better if the sacrifice is first at the upper level and not by taking away social security or medicare benefits that reduced demand in this society for other goods and services. there is an economic argument that i think is beginning to see more of, which is essentially what the caller did. a healthy middle class with consumer demand from a healthy...
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Nov 29, 2012
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president obama finally getting small business owners the time of day hearing their concerns ahead of the looming fiscal cliff. the president's criticized for only sitting do with big business, ceo, and union leaders. joining me now are three owners who atented the meeting with the president,tillegge construction and andy, president o a. harold and associates. welcome, all. i want you all to answer this queson. what does your company do? keith, starting with you. >> hi, gerri, thanks for having me. a general contracting company, mainly in defense, and we are located in baton rou, louisiana, reasonable offices in dallas, texas, and general contractor. -erri: all right, julia? >> hi, thank you so much, gerri. we help people become healthier, happier, and smarter. gerri: i need a lot of that, yeah. >> it helps you exercise better and sleep better and get better nutrition. gerri: oh, my lord. >> lose pounds. gerri: sounds magical. >> we hope it is. gerri: andy, you're a defense contractor; correct? >> yes, thank you very much for having me tonight. gerri: you're welcome. glad to have you
president obama finally getting small business owners the time of day hearing their concerns ahead of the looming fiscal cliff. the president's criticized for only sitting do with big business, ceo, and union leaders. joining me now are three owners who atented the meeting with the president,tillegge construction and andy, president o a. harold and associates. welcome, all. i want you all to answer this queson. what does your company do? keith, starting with you. >> hi, gerri, thanks for...
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Dec 6, 2012
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the president, president obama just talking with this middle class family in northern virginia. part of the push to preserve the middle class tax cut. here he is around the table in the washington area today. if the president and congress cannot reach a deal, tax rates for the middle class and everyone else goes up the first of the year. meanwhile, senate minority leader mitch mcconnell today prevented a simple majority vote to give the president the power to raise the u.s. debt ceiling. president obama pushed for the power trance fosform as part of white house plan they unveiled a week ago. fiscal cliff, 26 days away. christine romans explains how going over the cliff could affect you and your family. >> reporter: brooke, here's what the sequester could mean for domestic programs. fewer women and children with assistance and child care aid. cuts to education nearly 100,000 head start spots at risk. more than 25,000 teachers and teachers aids could lose their jobs and science and public research grants could be cut including in to cancer and childhood diseases. fewer americans c
the president, president obama just talking with this middle class family in northern virginia. part of the push to preserve the middle class tax cut. here he is around the table in the washington area today. if the president and congress cannot reach a deal, tax rates for the middle class and everyone else goes up the first of the year. meanwhile, senate minority leader mitch mcconnell today prevented a simple majority vote to give the president the power to raise the u.s. debt ceiling....
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Dec 2, 2012
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obama care is another one. >> i think it is worth asking the question about being careful -- even beyond whether it's good or bad, being careful about changing the rules when you're in the majority. you should always assume in a country like this, you're going to be in the minority again. we're not in a place where any party is going to dominate. >> there's another danger. i'm for filibuster reform, but this is not a quick fix. the democrats change the rules, instead of focusing on partying building instead of the 60 votes. in a democracy, the way that you know what people want is if they free and fair regular election. >> right. >> this argument about when the democrats are what progressives that might be nervous. everybody has unclean hands in this process. at least we could return to talking about substance. when georgew bush wanted to privatize social security, he had a republican house, it didn't pass the republican house. it was not filibustered. it was unpopular because there's a debate about how unpopular it was. >> that's good. it should require some effort. you should be out ma
obama care is another one. >> i think it is worth asking the question about being careful -- even beyond whether it's good or bad, being careful about changing the rules when you're in the majority. you should always assume in a country like this, you're going to be in the minority again. we're not in a place where any party is going to dominate. >> there's another danger. i'm for filibuster reform, but this is not a quick fix. the democrats change the rules, instead of focusing on...
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Dec 1, 2012
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and those people are small businesses. those people then it goes down to the employees and it slows our economy and this is not a time to be doing that. this is why president obama extend the tax rates for a year action because he said this could hurt the economy. here we are again. we're not anywhere different than we were last year really. >> gregg: donna, dick durbin, the senate's number two democrat, said that social security is off the table because i'm going to quote him here -- it does not add a penny to our deficit. that's ludicrus. >> i think that i'm unable to comment because i think the context may have something to do with the sense of lock box and where this money actually comes from and where it sits in the meanwhile before it gets spent. but i also think it's awfully important to remember that in terms of republican cooperation, the president really has been i think very sincere about seeking that cooperation and initially speaker boehner i think expressed with great sincerity his interest in cooperation. i
and those people are small businesses. those people then it goes down to the employees and it slows our economy and this is not a time to be doing that. this is why president obama extend the tax rates for a year action because he said this could hurt the economy. here we are again. we're not anywhere different than we were last year really. >> gregg: donna, dick durbin, the senate's number two democrat, said that social security is off the table because i'm going to quote him here -- it...
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Dec 6, 2012
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learned just yesterday, is getting as much taxpayer money as he can first by raising taxes on small business that he believes are making too much money, and then on everybody else. >> it does feel like there is some negotiating going on behind the scenes here. we are told that president obama and speaker john boehner on the republican side of the capitol had a conference call yesterday about 20, 28 minutes in length. we don't know what was said. that's probably a good sign they are not leaking the contents of that call. that's a sign that there is some negotiation going on. something is happening behind the scenes but we just don't know what it is right now. back to you. >> eamon javers, thank you very much. >>> what can be done to break the stalemate in washington? representative jack kingston is a republican from georgia, member of the house appropriations committee. welcome, congressman. good to have you with us. >> thank you, tyler. >> we had the images yesterday of congress leaving for a long weekend. i have to say that it struck an awful lot of us as very poor sort of pr, very bad opti
learned just yesterday, is getting as much taxpayer money as he can first by raising taxes on small business that he believes are making too much money, and then on everybody else. >> it does feel like there is some negotiating going on behind the scenes here. we are told that president obama and speaker john boehner on the republican side of the capitol had a conference call yesterday about 20, 28 minutes in length. we don't know what was said. that's probably a good sign they are not...
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obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a catastrophic standoff in mid 2011 that caused the downgrade in u.s. credit. president said he's simply not going to negotiate in the negotiating process that results in the same kind of stand-off. here is the president. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation? which, by the way, we have never done in our history until we did it last year. i will not play that game because we've got to break that habit before it starts. >> so w
obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a...
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president obama responded in a prime time address to the nation. he asked the american people to get involved in that fight he was having with the republicans. he asked the american people to get involved directly. >> the american people may have voted for divided government but they didn't vote for a dysfunctional government. so i'm asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. if you believe we can solve this problem through compromise, send that message. >> let your member of congress know. send that message said the president. the american people did. so many american people did that congressional websites and phone lines crashed after the president's speech. house phone circuits were so overwhelmed that an alert went out to members of congress that if they were expecting any really important phone calls they should try using a different phone. if you tried to visit the websites for john boehner or michele bachmann after the president's call to action, you jus
president obama responded in a prime time address to the nation. he asked the american people to get involved in that fight he was having with the republicans. he asked the american people to get involved directly. >> the american people may have voted for divided government but they didn't vote for a dysfunctional government. so i'm asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. if you believe we can...
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president obama warns republicans not to create another debt ceiling crisis as a tactic in the budget talks. >> that is a bad strategy for america, it's a bad strategy for your businesses, and it is not a game that i will play. >> the speaker says the president's opening bid couldn't even pass the democratic led senate. boehner is ready for a sit down with the president. >> we can't sit here and negotiate with ourselves and if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> a rare senate appearance, by former majority leader bob dole wasn't enough to win over republican support for a treaty promising equal rights for people with disabilities. we'll talk with the leading sponsor john kerry about what he called one of the sadsest days of his long senate career. >> this vote is to test whether the senate will stand up for those who cannot see or hear and whether senators can hear the truth and see the facts. >> at nato today, secretary of state hillary clinton
president obama warns republicans not to create another debt ceiling crisis as a tactic in the budget talks. >> that is a bad strategy for america, it's a bad strategy for your businesses, and it is not a game that i will play. >> the speaker says the president's opening bid couldn't even pass the democratic led senate. boehner is ready for a sit down with the president. >> we can't sit here and negotiate with ourselves and if the president doesn't agree with our proposal and...
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i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> priority number one right now for president obama is reaching a deal on the fiscal cliff. just 31 days left until we hit those automatic spending cuts and tax increases, if negotiations break down. here is what president obama had to say in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from beginning up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans onboard, i'll sign this bill as soon as congress sends it may way. but it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the wealthiest americans. >> in the republican response, senator orrin hatch takes that hostage met foaphor one step further. >> unfortunately, some on the other side of the aisle are proposing a disastrous thelma and louise strategy, puttin
i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> priority number one right now for president obama is reaching a deal on the fiscal cliff. just 31 days left until we hit those automatic spending cuts and tax increases, if negotiations break down. here is what president obama had to say in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income...
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you donated to the obama campaign. before we get out of here, i want your thoughts that the president is anti-business. a label that he has had to wear for some time now. what do you make of that? >> i don't know where that comes from. our whole business has only done better each of the last four years. i think that perhaps as a communication issue, obviously, that's part of the job of the president and his team to communicate. certainly we came through a large fiscal crisis and there was this debate of who was responsible, was it wall street, who was it? we could have that debate another day. i think right now where we are, the consumers are, their confidence is an all-time high. you reported on that the other day and we're seeing that in our business so if we can focus on the solutions, we can unleash the virtuous cycle we have started on. how we can do better together rather than go this tick talk back and forth of who is to blame in the past. >> appreciate your insight tonight, sir. we appreciate that. you're more
you donated to the obama campaign. before we get out of here, i want your thoughts that the president is anti-business. a label that he has had to wear for some time now. what do you make of that? >> i don't know where that comes from. our whole business has only done better each of the last four years. i think that perhaps as a communication issue, obviously, that's part of the job of the president and his team to communicate. certainly we came through a large fiscal crisis and there was...